KUALA LUMPUR: Former Khazanah Nasional Bhd managing director Tan Seri Azman Mokhtar has been appointed as the new chairman of Lembaga Tabung Haji (LTH), effective from December 20, 2021.
The pilgrim’s fund said the appointment of Azman is expected to drive further its ongoing efforts to become an Islamic institution respected for its performance and governance.
This aligns with the company’s mandate of facilitating Malaysian Muslims to save for hajj.
Group managing director and chief executive officer Datuk Seti Amrin Awaluddin said Azman is well known for leading the revamp of Khazanah Nasional and the government link companies (GLC) transformation programme as the managing director of Khazanah Nasional from 2004 to 2018.
“We are confident his vast experience, exceptional leadership, and proven track record will contribute towards steering TH to success amid the challenges posed by the pandemic,” said Amrin.
Azman has had an illustrious career in both the corporate world and public service.
His recent appointments include the chairman of Universiti Teknologi Malaysia (UTM), chairman of The International Centre for Education in Islamic Finance (INCEIF) and a member of the National Recovery Council.
He has also played a pivotal role in driving the success of leading Malaysian organisations, which include Khazanah Nasional, Axiata Group Bhd, Iskandar Investment Bhd and IHH Healthcare Bhd.
LTH is committed to ensuring its sustainability by developing a strategic plan to support transformation efforts.
The plan, Hijrah24, will be driven by five key thrusts and supported by 24 strategic initiatives that will begin next year (2022).
At the same time, LTH said it would continue to cooperate with the Royal Commission of Inquiry (RCI).
“This is expected to strengthen its governance and internal controls further to protect TH and its depositors as well as to provide sustainable returns to depositors,” it said.
Source: New Straits Times
